By MarketsFarm
WINNIPEG, Oct. 15 (MarketsFarm) – The Canadian dollar was holding steady Friday morning, seeing some consolidation after climbing to three-month highs relative to its United States counterpart.
At 9:02 a.m. CDT Friday morning, the Canadian dollar was at US$0.8085 or US$1=C$1.2369 which compares with Thursday’s North American close of US$0.8083 or US$1=C$1.2372.
Canadian wholesale trade was up by 0.3 per cent in August compared to the previous month, according to a report from Statistics Canada. The growth came in slightly below analyst expectations for a 0.5 per cent rise.
West Texas Intermediate was up 1.35 per cent at US$82.41 per barrel.
The TSX was stronger, up 55.45 points at 9:02 CDT, trading at 20,875.39 points.
